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About the Role

Bertelsmann is seeking a strategic, technically skilled, and hands-on Director, Corporate Benefits to lead the Corporate Benefits function responsible for the strategy, design, governance and delivery of U.S health, welfare, and retirement programs across a decentralized, multi-company environment. This is a hands-on working leadership role requiring the Director to move fluidly between strategic planning, team leadership, and direct execution of complex technical, analytical, compliance, communication, and implementation work.

Responsibilities

Develop and execute the Corporate Benefits strategy, evaluating plan competitiveness, affordability, and sustainability.
Lead the design, administration, and continuous improvement of health and welfare programs; qualified retirement plans, including 401(k) and pension plans; non-qualified retirement plans; and deferred compensation programs.
Develop plan design, renewal, funding, and cost-management recommendations.
Serve as a trusted advisor to HR and business leaders on complex benefits matters and operational risk.
Direct the administration and operational oversight of Corporate Benefits programs across participating operating companies.
Direct benefits compliance, governance, audits, and regulatory reporting, ensuring compliance with applicable requirements, including ERISA, ACA, COBRA, HIPAA, MHPAEA, Section 125, Medicare, applicable Internal Revenue Code requirements, and PBGC and Department of Labor requirements.
Oversee the review and maintenance of plan documents, Summary Plan Descriptions, amendments, and participant materials.
Support applicable plan fiduciaries and the governance committee by preparing analyses, coordinating required reviews, implementing approved decisions, and maintaining governance documentation.
Oversee funding, actuarial valuations, liability and risk-management, and de-risking activities.
Oversee the administration of retirement plan eligibility, contributions, deferrals, and distributions and lead the resolution of complex operational or compliance failures.
Lead benefits budgeting, forecasting, renewal projections, cost modeling, and reconciliations.
Lead vendor relationships, RFPs, and vendor evaluations for carriers, consultants, actuaries, and recordkeepers; participate in contract and fee negotiations.
Evaluate vendor performance, program outcomes and return on investment.
Evaluate opportunities for vendor consolidation, enhancement, or replacement.
Lead the strategy, planning, and execution of Bertelsmann’s complex, decentralized annual enrollment process.
Direct the development, review and approval and distribution of annual enrollment materials, required notices, plan-change announcements, benefits education, and communications.
Provide functional leadership for benefits technology, including plan configuration, eligibility rules, payroll deductions, system integrations, vendor data feeds, testing, data integrity, and implementation of benefits vendor and system changes.
Partner with the Employee Benefits team on disability and leave-of-absence programs, providing guidance on compliance, vendor management, reporting, and complex escalations.
Lead the Corporate Benefits workstream for acquisitions, divestitures, and other organizational changes, including due diligence, cost analysis, risk identification, transition planning, integration, and post-closing support.
Lead, coach, and develop the Corporate Benefits team, establishing priorities and accountability and building team capacity through technical mentorship, cross-training, succession planning, and professional development.

Requirements

Bachelor’s degree in Human Resources, Business Administration, Finance, Accounting, Actuarial Science, or a related field required.
At least 10 years of progressively responsible employee-benefits experience, including significant experience across health and welfare and retirement programs.
At least 2 years of experience leading benefits professionals and managing manager-level direct reports.
Demonstrated experience developing benefits recommendations and leading the execution of benefits strategy, plan design, compliance, financial administration, vendor management, and complex implementations, including interpreting applicable U.S. benefits laws and plan documents.
Experience in a decentralized, multi-entity, or shared-services organization strongly preferred.
Benefits-related M&A due diligence and integration experience strongly preferred.
Brokerage, consulting, or actuarial experience preferred.
Advanced Microsoft Excel skills, including complex formulas, lookup functions, PivotTables, data reconciliation and financial modeling.
Exceptional analytical, project-management, and written and verbal communication skills, with sound judgement, discretion, and a commitment to confidentiality.
Experience with benefits administration systems, HRIS integrations, plan configuration, and vendor data feeds.

Skills

Health and welfare programs
Retirement plans (401(k), pension)
Non-qualified retirement plans
Deferred compensation programs
ERISA
ACA
COBRA
HIPAA
MHPAEA
Section 125
Medicare
Internal Revenue Code
PBGC
Department of Labor requirements
Vendor management
RFP process
Contract negotiation
Annual enrollment process
Benefits technology
HRIS integrations
Disability and leave-of-absence programs
Mergers and acquisitions
Due diligence
Microsoft Excel (complex formulas, lookup functions, PivotTables, data reconciliation, financial modeling)
Project management
Analytical skills
Written communication
Verbal communication

Location

New York City

Work Type

In-office at least two days per week
Bonus eligible

Experience Level

Director level
10+ years of employee benefits experience
2+ years of management experience

Education Level

Bachelor’s degree in Human Resources, Business Administration, Finance, Accounting, Actuarial Science, or a related field
CEBS, ASPPA, actuarial credentials, or another relevant professional certification preferred

Salary/Compensations

$150,000 - $170,000

Benefits

Medical coverage
Dental coverage
Vision coverage
Life insurance
Flexible spending accounts
401(k) plan
Wellness reimbursement

About the Company

Bertelsmann is a media, services and education company with about 75,000 employees that operates in some 50 countries around the world.
It includes the entertainment group RTL Group, the trade book publisher Penguin Random House, the music company BMG, the service provider Arvato Group, Bertelsmann Marketing Services, the Bertelsmann Education Group and Bertelsmann Investments, an international network of funds.
The company generated revenues of €19 billion in the 2024 financial year.
Bertelsmann stands for creativity and entrepreneurship.
This combination promotes first-class media content and innovative service solutions that inspire customers around the world.
A collaborative and inclusive work culture that values employee growth and development
A Certified Great Place to Work Employer
Professional learning and career advancement opportunities

Equal Opportunity

Bertelsmann, Inc. is proud to be an equal opportunity employer who values a diverse and inclusive workforce.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, disability status, age, sexual orientation, gender identity and expression, marital status, citizenship, HIV/AIDS status or any other legally protected factor.